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South Korea's Presidential Commission recommends government join the crypto-space
China will soon be unveiling its state-backed cryptocurrency and it has left no stones unturned in publicizing it. However, looking at the few nations embracing blockchain and cryptocurrencies, the SoThe post South Korea's Presidential Commission recommends government join the crypto-space appeared first on AMBCrypto. дальше »
2020-1-6 13:02 | |
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South Korea Drafting Legislation To Tax Individual Crypto Profits
South Korea is working on legislation to tax crypto profits
дальше »2020-1-3 01:06 | |
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Government Confirms Crypto Profits Not Taxable in South Korea
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend the existing Korean tax law to include cryptocurrency. дальше »
2020-1-2 08:15 | |
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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. дальше »
2019-12-31 00:40 | |
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South Korea Confirms No Income Tax on Crypto Profits
According to the South Korean Ministry of Finance’s new announcement, the country’s current tax laws do not include the taxation of profits made through trading crypto. The Ministry of Finance and Strategy in South Korea recently resolved the confusion regarding the taxation of profits made through crypto trading. дальше »
2019-12-30 16:00 | |
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Bithumb Exchange Will Pay $67 Million in Additional Crypto Taxes
Coinspeaker Bithumb Exchange Will Pay $67 Million in Additional Crypto TaxesEarlier South Korean crypto exchange Bithumb had reported about a bad financial year, but now it has been revealed that the taxes are getting even harder. дальше »
2019-12-30 23:20 | |
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Bank of Korea Recruits Experts To Analyze The Impact of Digital Currencies
The central bank of South Korea is hiring a group of experts that will be working in order to analyze cryptocurrencies and to expand the bank’s knowledge of virtual currencies. The information was released by the Bank of Korea in a document on December 27. дальше »
2019-12-28 20:09 | |
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Bitcoin interest spikes in Africa as region sees rising inflation
Be it South African Reserve Bank's [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin's interest spikiThe post Bitcoin interest spikes in Africa as region sees rising inflation appeared first on AMBCrypto. дальше »
2019-12-27 20:30 | |
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2,000 Ethereum moved by Upbit hacker to unknown wallet
Upbit, a South Korean exchange woke up to a major hack on 27 November, resulting in the loss of $51.7 million worth of Ethereum. Ever since the hack, many exchanges came forward to freeze the movementThe post 2,000 Ethereum moved by Upbit hacker to unknown wallet appeared first on AMBCrypto. дальше »
2019-12-23 14:30 | |
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France approves its first ICO
CoinMarketCap Daily Newsletter Your daily newsletter for 20 December, 2019 “Knowledge is power.” - Francis Bacon In today's newsletter, we will be covering: Largest South Korean telecom company issuing a blockchain-based local currency in Busan France's financial regulator granting the […] The post France approves its first ICO appeared first on CoinMarketCap. дальше »
2019-12-25 15:00 | |
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South Korea's telecom firm KT to launch digital currency
South Korea's leading telecom company, KT is all set to launch its digital currency called Dongbaek Currency. According to reports from a local publication, the blockchain-powered "local currency" wiThe post South Korea's telecom firm KT to launch digital currency appeared first on AMBCrypto. дальше »
2019-12-20 11:30 | |
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Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan
Busan, South Korea’s second-largest city in cooperation with telecom giant KT plans to release a blockchain-based local currency by Dec. 30.
дальше »2019-12-20 23:51 | |
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Every Major South Korean Conglomerate Is Now Involved in Blockchain
It has recently emerged that South Korea’s biggest telecommunications company, KT Corporation, will be releasing a digital currency. With this news, it can now be said that ever major conglomerate in the country is officially invested in blockchain. дальше »
2019-12-20 23:16 | |
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South Africa’s Financial Regulator Dismisses Karatbars (KBC) Crypto Assets As A Financial Product
Karatbars International controversial KBC coin will no longer be getting attention from South Africa’s financial markets regulator, the Financial Sector Conduct Authority (FSCA). The regulator had earlier on issued a warning terming the KBC coin a ‘fraud’; German’s BaFin also made similar moves in response to Karatbars operations within its jurisdiction. FSCA Vs Karatbars International […] дальше »
2019-12-19 18:06 | |
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South Korean Co-Working Space Operator SparkPlus Turns to Blockchain
Seoul-based SparkPlus plans to open co-working centers in properties listed on the blockchain funding platform Kasa Korea
дальше »2019-12-18 15:18 | |
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Why the Recent Developments in South Korea and the Swelling tide of Regulation Could be not so bad for the Crypto Industry
The coming calendar change has regulators rethinking how they stand in relation to cryptocurrency moving forward. Reports out of South Korea have lawmakers in the country drafting up bills for legislature that would levy taxes on capital gains earned with crypto and increase the transparency of the virtual asset market. дальше »
2019-12-17 12:00 | |
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Sweden Joins China and Others in Central Bank Crypto Race
It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll out the crypto krona gather pace. e-Krona Pilot Partnership Sweden’s central bank is poised to sign a deal with multinational professional services company Accenture to begin pilot testing its CBDC, the e-krona. дальше »
2019-12-14 10:51 | |
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Has South Korea Joined the Central Bank Crypto Race?
The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central bank crypto (CBDC). South Korea Joins Crypto Research Race According to local media, the Bank of Korea has begun hiring crypto-asset experts signaling that the central bank may begin developing its own CBDC. дальше »
2019-12-13 11:00 | |
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15 winning teams rewarded as Klaytn’s blockchain app competition concludes
Klaytn, the blockchain project led by the South Korean Internet giant Kakao, has announced the winners for its BApp (Blockchain Application) competition, ‘Klaytn Horizon. ’ Back in May, Klaytn Horizon invited all developers worldwide to build blockchain applications on the Klaytn platform whose mainnet launched this past June. дальше »
2019-12-13 07:41 | |
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Bit5ive and Fastblock are now the Official Bitmain Distributors for South America
Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has strengthened its international presence by appointing Fastblock and Bit5ive as official distributors of Antminers in South America. дальше »
2019-12-13 02:00 | |
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CREDIT, the African Cryptocurrency of Choice, Celebrates First Anniversary
Based out of Johannesburg, South Africa, CREDIT is a cryptocurrency that is swiftly being adopted in the emerging markets of the African continent. Recently, it marked its first year of existence as more and more users adopt it. дальше »
2019-12-12 16:58 | |
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Brave Browser (BAT) Picked by East Asia Football Federation as Official Browser Partner
Brave Software, the creators of Brave Browser a privacy-preserving internet browser that aims to give people absolute control over their online activities that also rewards them with Basic Attention Token (BAT) for watching ads, has become the official browser for this year’s E-1 football tournament being organized in South Korea by the East Asian FootballRead MoreRead More. дальше »
2019-12-10 20:00 | |
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South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. дальше »
2019-12-10 01:00 | |
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South Korea Seeks to Tax Transactions Involving CryptoCurrencies In 2020
Capital gains from transactions involving virtual currencies such as bitcoin may soon be taxed in South Korea, according to a report by the Korea Times. The publication refers to government sources, and confirmation received from the Ministry of Economy and Finance. дальше »
2019-12-9 21:01 | |
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South Korea: Government Mulling Taxing Cryptocurrency Capital Gains
The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019. South Korean Authorities Taming the Crypto Conundrum In their short history, cryptocurrencies haven’t exactly been able to earn the trust of a large number of financial watchdogsRead MoreRead More. дальше »
2019-12-9 18:00 | |
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South Korea may be pushing to tax cryptocurrency gains
South Korea is today one of the foremost cryptocurrency markets in the world, a market perhaps superseded only by the likes of the United States and Japan. Home to over 200 crypto-exchanges, any develThe post South Korea may be pushing to tax cryptocurrency gains appeared first on AMBCrypto. дальше »
2019-12-9 12:00 | |
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North Korean Crypto Social Media Monitoring on the Rise
Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring. Yesterday’s report by NK Economy claims that North Korean firm Marine Chain is actively keeping an eye on leading names in the crypto and blockchain space This would not have mattered for most other companies, but for Marine Chain, it has a particular significance. дальше »
2019-12-7 11:47 | |
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11 South Korean Firms set to Launch Blockchain Based Identity Certification Service
South Korea, a developed country known for actively promoting the use of blockchain technology in various sectors like education, finance and many more. Now a consortium comprising of 11 major companies in South Korea is now commercially offering a Blockchain mobile identity certification service, named Initial. дальше »
2019-12-7 00:49 | |
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South Korea’s KT Corporation Is Going After Blockchain Tech with China Mobile
KT Corporation is the largest telecommunications provider in all of South Korea, and they’ve decided to team up with China Mobile. In their new project, the twosome will be focusing on 5G roaming and blockchain technology, according to reports by The Korea Herald on December 5th. дальше »
2019-12-6 01:31 | |
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DXM, Ledger, Join Forces to Launch Crypto Custody Platform
DXM, the crypto-powered financial services platform owned by Dunamu, the parent firm of Upbit Bitcoin (BTC) trading venue, one of South Korea’s leading exchanges, has partnered with cryptocurrency hardware wallet manufacturer, Ledger, to start offering institutional investors crypto custodial services, according to reports on December 4, 2019. дальше »
2019-12-5 16:00 | |
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DXM And Ledger Vault Launch ‘Upbit Safe’ A Crypto Custody Service For Institutional Investors
DXM, founded in January this year, is the subsidiary of Dunamu, offering cryptocurrency financial services out of South Korea. Dunamu is the majority shareholder of Upbit, a major cryptocurrency exchange in the same country. дальше »
2019-12-5 22:41 | |
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Bithumb Launches Identification System to Assign Real Names to Virtual Accounts To Comply With AML
The crypto space in South Korea is among the most vibrant amongst today’s FinTech aggressive nations. This market accounts for nearly a fifth of the total crypto transactions globally despite the tough stance by authorities on cryptocurrency activities. дальше »
2019-12-4 18:17 | |
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Digital Gold Rush: Bitcoin Mining Boom Coming to American West
Sentiment in the crypto industry is generally bearish at the moment as bitcoin takes another turn south and threatens to drop into the $6k region again. BTC mining outfits are unperturbed, however, and are heading to America’s west in droves as a new digital gold rush begins. дальше »
2019-12-4 13:00 | |
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Is Bitcoin Still Over Valued Despite a 50% Correction?
Bitcoin has turned bearish again this week following an 18% climb the previous week. Market sentiment is generally negative and analysts are eyeing further losses and a return to the $6k level. Is BTC still that overvalued? According to Metcalfe’s Laws BTC is Overvalued Bitcoin took another turn south during early Asian trading today when it fell almost 3% in just over an hour. дальше »
2019-12-4 12:00 | |
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Bithumb releases identity authentication system to comply with global requirements
The cryptocurrency space in South Korea accounts for nearly 20% of the world’s crypto-transactions. However, the country's crypto-industry has consistently been on the defensive against stifling resThe post Bithumb releases identity authentication system to comply with global requirements appeared first on AMBCrypto. дальше »
2019-12-4 07:23 | |
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South Korean Startup Claims to Have Solved Blockchain’s Speed Problem
South Korean startup reportedly develops a new technology that reduces blockchain transaction times to fractions of a second
дальше »2019-12-4 02:01 | |
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Blockchain mobility and vehicle ecosystem MVL raises $5 million
MVL, the company behind TADA, a blockchain-powered ride-hailing service, announced today a series A investment of USD $5 million led by leading South Korean venture capital firm, SV Investment. Two of South Korea’s largest car parts manufacturers, Central and SIMWON, also participated in this funding round. дальше »
2019-12-3 19:28 | |
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